draw

(redirected from drawn)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

draw

(1) A request that a lender advance funds under a construction or other future-advances loan.

(2) A periodic request by a contractor or subcontractor for a portion of the contract price for a job, usually according to the percentage of completion of the work and the cost of materials and labor.

References in periodicals archive ?
In addition, a letter of credit must clearly indicate where it may be drawn, including hours of operation (if limited) and other pertinent limitations on use, says Loehr.
Commentators have varied in their identification of the sex of these two figures, because, as Clark Hulse pointed out, they are "so sketchily drawn that it is difficult to tell who they are and what they are doing.
VoiceIQ intends to use any funds drawn down against the line of credit for working capital purposes.
The gallery space was turned into a home of sorts, though a decidedly "unhomely" one: The two-room installation consisted of a wooden cabinet, a three-legged table, a small bathtub half filled with water, and a windmill-like fan, all of which were partially drawn on.